THE feature

DES MOINES, Iowa—It’s too soon to call whether just-introduced Android Pay or Apple Pay has a leg up with mobile payments, says one expert who feels Google’s new payments solution does signal a consolidation in the direction of mobile POS.

ARLINGTON, Va.—Is NCUA exempting CUs $100 million in assets and smaller from risk-based capital rules another step in the agency bifurcating the credit union community? And is the agency headed toward the same fate as the now-defunct Office of Thrift Supervision?

MADISON, Wis.—A new wave of class-action lawsuits may be headed CUs’ way, and this time they target overdraft programs. Some say the lawsuits could lead to large losses in court.

LAS VEGAS—Seeking to get to the “Holy Grail” of new membership, CU Direct has made a majority investment in Intuvo, a Scotts Valley, Calif.-based provider of an automated software platform for personalized marketing via email, direct mail and sales force automation. At the same time, the company has also announced it has filed for a patent on a new loan beacon device.

NEW ORLEANS—Facebook “knows” of at least three-million couples currently engaged to be married. Candian Tire “knows” people who buy Mobil1 oil are significantly better credit risks than those that bought generic motor oil. Why don’t credit unions “know” such information?

NEW ORLEANS—Happiness and CFOs are not commonly associated with each other. But one Harvard researcher stressed that CFOs, trained to focus on risk and negative events, would benefit greatly from rewiring their brains, as would their credit unions.

ALPHARETTA, Ga.—A new study indicates that it may be time to begin reducing branch staff and closing low-performing offices, as the number of FI locations has finally exceeded the growing population’s ability to support them.